If Project a Has Present Worth of -$27 000 and Project

question 10

Multiple Choice

If project A has present worth of -$27 000 and project B has present worth of -$26 000, then

• A)project B should be accepted on the basis of maximum benefits
• B)project A should be accepted because it has larger absolute value.
• C)project B should be accepted on the basis of minimum costs.
• D)the situation requires additional assessment since some of the costs or benefits might not be considered.
• E)the decision cannot be made because of uncertainty.

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Definitions:

United States

A country in North America comprising 50 states, a federal district, and several territories, known for its significant global influence in economic, political, and cultural affairs.

Retrogressive

Pertaining to movement backward to a less advanced state; often used to describe policies or practices considered to be regressive or detrimental to progress.

Technological Determinism

The theory that society's technology shapes its cultural values, social structure, and history.

Society

A group of people who shape their lives in aggregated and patterned ways that distinguish their group from others.